Britannia Industries: Took support and bounced, will it continue

BRITANNIA INDUSTRIES: The stock is hovering around a very strong support zone. The RSI bouncing off from 40’s further indicate the momentum support in the stock. MACD is neutral and picking up (though not positive yet). A minor bottle neck is placed at 3130 – 3145 levels, above which 3280 &3360 may be evident.
BANKNIFTYBRITANNIAbseidniaChart PatternsichimokukinkohyoTechnical Indicatorsmacdivergencenseniftyoptionsstrategiesrsi_divergenceTechnical AnalysisTrend Analysis

Bharat Jhunjhunwala
MFTA,CMT,CFTe,MSTA
prorsi.com
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